Japan's Marubeni to manage commercial EV fleets in Thailand

Trading company partners with coal miner Banpu in market moving toward electrification

20241210N Thailand truck

Thailand is adopting electric vehicles faster than other Southeast Asian markets. © Reuters

KENYA AKAMA, Nikkei staff writer

BANGKOK -- Japanese trading house Marubeni will launch a fleet management service for commercial electric vehicles in Thailand in partnership with Banpu, the country's largest coal company, anticipating long-term demand growth as EVs gain ground.

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